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're in a very slow economy. so i think that in this particular third-quarter earnings period the chance of a good surprise, a meaningful good surprise or a meaningful disappointment, it's pretty low. the street expects poor earnings comparison. that is what we're going to get. whether you are a couple percent decline or a couple percent gain. it's really not that much different. so it's looking ahead. remember earnings are a trailing indicator. >> so are we going to get a surprise or a disappointment you think from alcoa. everybody looks at this as setting the tone for trading as you mentioned. it will be the first dow component to report. it also when you look at the company, it has businesses in autos, aerospace, packaging, construction, so it is kind of a bellwether for the economy. what will those alcoa earnings tell us. >> well, alcoa reports first all the time, obviously. and i don't think that is a good idea to use that as a bellwether for earnings. think of the sector that alcoa is in. materials are going to have some was comparisons, really, energy and materials are going to be
's helping the economy make a comeback. a "set back" for stocks, on investor jitters about the global economy. the major averages are now in negative territory for october. is this a buying opportunity or time to take profits? and toyota, once known for quality, announces yet another major recall. does this make toyota less popular with consumers? that and more tonight on "n.b.r."! the nation's housing market appears to be building a new foundation. that's according to the latest snapshot of the u.s. economy released today by the federal reserve. the so-called "beige book" compiles data from 12 fed districts, and it shows residential real estate improved in "all" districts in september. anecdotes from business contacts and economists noted existing home sales strengthened, while prices rose or stayed stable. suzanne pratt takes a closer look at whether the broader economy is also showing signs of strength. >> reporter: here's a shocker: the u.s. economy is growing, but only at modest pace. that's what anecdotes, not hard numbers, from the fed's regional banks suggest about the business climat
, the economy comes to life. norfolk southern. one line, infinite possibilities. >> we know why we're here. to connect our forces to what they need when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe, the people of boeing are working together to support and protect all who serve. >> that's why we're here. >> corporate funding is also provided by prudential financial. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. the first debate is behind us and the presidential race is tighter than ever. for different reasons, both candidates returned to the campaign trail this week with renewed vigor. >> you may know that a couple of nights ago we had a debate. you may have got an chance to see that. i got the chance to ask the president some questions i think people across the country have wanted to ask
into the economy they are 12i78ity-- stimulating housing. citi has problem relating to housing. they are stimulating emerging markets where citi is the strongest. >> all right, let's take a look at some of your other picks besides citi. you like goldman sachs. you have been telling us this all year. and the regional bank suntrust. again, was's the attraction? >> suntrust again is in the southeast. it has continued to have credit problems later than a lot of the other banks. but that's been a bad thingment but now we think it's a good thing. because right now we can still see a lot of positive improvements as we start to see a pick up in the economy and housing and places like florida, can help move that stock back up. so we still like suntrust. >> we just have about 45$p)-sec. a new round of bank stress tests coming up. how do you think banks are going to do. are they strong enough to withstand a financial downturn? >> well, i think they're strong enough. the question is does the fed think they're strong enough. and that is what we will find out. i think it will be a tough time
is the first dow component to report earnings, and is considered a bellwether of how the economy is faring. the stock barely budged in the regular session, closing at $9.13 a share, and was up a few pennies after hours. we're happy to have with us now alcoa c.e.o. klaus kleinfeld. >> welcome back to nightly business report. baseed on how alcoa did in the third quarter, how do you think business will be for you for the rest of this year and going into 2013? >> well, it's a miktsed word out there. there's a lot of volatility. we see in the end markets that we confirm, the aluminum market is going to be about growth six percent. we took is down a notch from seven percent. as you just said, this is a decade where aluminum demand has doubled. there's high growth also here in the u.s. and we've seen that in the aerospace industry, very, very nice. we're seeing it in the u.s. automotive segment, very nice, and then there are on the other side -- i mean, coming down. we've seen the heavy truck segment coming down substantially, pretty much in the u.s., and building and constructions on the commerc
's now the economy that has the e.u. facing one of its biggest crises yet. mounting debts, high unemployment, and austerity measures have triggered protests in some euro-zone nations. the economic woes have created deep rifts among countries using the joint currency, and raised questions about maintaining the euro and even their union. germany is the e.u.'s economic powerhouse. its chancellor, angela merkel, said the nobel peace prize shows the value of european unification. >> ( translated ): the euro is more than a currency because in the end it is foremost about the original idea, the idea of europe as a community of peace and values. >> suarez: but there were detractors, including those who said the e.u. hasn't dealt with an influx of immigrants. the director of amnesty international's branch that monitors the e.u. said he hopes the award would encourage the european union to be more open to refugees. >> suarez: the $1.2 million prize will be awarded in oslo on december 10. for a closer look at its successes and some of the ongoing challenges facing the e.u., i'm joined by a
is going to be the economy that decides it. in the economy of monthly and quarterly data releases, this is the economy of day-to-day lives. the struggle to find jobs and pay bills. it was striking and that several people referring to both candidates said, i wish they could step into my shoes for a day to see it as i see it. there is a perception that they have not empathize. hashemi polls suggest that some voters say they are starting to see an uptick in the economy. >> there is a concern about the day-to-day lives and the future. we cut something. that is what washington has done and they're very worried about china. >> nobel prize for literature has been awarded to the chinese writer. making the announcement, the swedish academy praised his for realism. many in the west may not be familiar with his work, but we have more on the prolific writing that has stretched for decades. >> [inaudible] >> he was at home with his dad when he heard that he won the nobel prize for literature, the first chinese national to do so. he said he felt overjoyed and terrified as the man who made the a
. but we are going in the wrong direction. look at where we are. the economy is barely limping along. it is growing at 1.3 percent. >> for a guy who says 47 percent of the american people are unwilling to take responsibility for their lives my friend recent y in a peach says 30 percent are takers, these people are my mom and dad, the people i grew up, and my neighbors, they pay more effective tax than governor romney pays in his federal income tax. >> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> that statistic was completely misleading but more importantly -- >> that's the facts. >> this is what politicians do when they don't have a record to run on. >> rose: joining me now in new york is rich lowry, editor of the "national review", from danville is mark halperin of time magazine, chuck todd of nbc news and from washington al hunt, executive editor of bloomberg news, joining us shortly from washington will be katty kay of the bbc world news america, gwen ifill of pbs and joining us in new york is john dickerson of nbc news and slate mag
the ayatollahs see. the ayatollahs see this economy being crippled. the ayatollah sees that there are 50% fewer exports of oil. they see the currency going into the tank. he sees the economy going in a freefall. and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. now with regard to bebe, he's been my friend for 39 years. the president has met with bebe a dozen times. he's spoken to benjamin netanyahu as much as he's spoken to anybody. the idea that we're not-- i was in, just before he went to the u.n. i was in a conference call with the president, with him talking to bebe for well over an hour. in stark relief n detail of what was going on. this is a bunch of stuff. look, here's the deal. >> what does that mean, a bunch of stuff. >> it means it's simply inaccurate. >> it's irish. >> it is, the irish call it malarkey. >> thanks for the translation. >> but last thing, the secretary of defense made it absolutely clear, he didn't walk anything back. we will not allow the iranians to get a nuclear weapon. what bebe held up there was, when they get t
. until that is done, the economy will not recover. >> ♪ i was born free ♪ >> campaigning in the area, mitt romney has promised help. >> we have to reignite the home values so they start going up again. >> president obama insists he has already helped. >> we have helped homeowners refinance their mortgages. >> bottoming out is what has already happened to the houses next to this pig farm. at the height of the boom, the hogs made acceptable neighbors. after the crash, not so. homeowners here know the value is not coming back. >> let them buy a new home. >> only in las vegas would have foreclosure lawyer the famous. there is a counter intuitive solution -- more credit is needed and now. >> home owners cannot go out and buy with cash. they need financing. investors that are buying houses right now are foreign. >> you have people from other countries buying these houses from outside the country. >> right. >> who is coming? >> a lot of asian countries, a lot of canadian money, a lot of australian. >> the same crash that has made bargains for foreign investors has swelled the lines of nevad
, this time between joe biden and paul ryan. the vice-presidential candidates will slug it out on the economy, medicare and taxes. they may be number two on the ticket, but these men hope they can make this another crucial turning point in an election that is now almost a dead heat. darren gersh reports. >> reporter: vice-presidential debates are often more entertaining than important, but not this time. joe biden will be trying to beat back the romney bump from the first presidential debate; and paul ryan will be working to stretch mitt romney's debate double into a home run. >> if ryan does really, really well, it could possibly fundamentally make this a real horse race, not just nationally but in the battleground states. so, i think there is a lot of expectation on both sides for what this debate possible could do. >> reporter: if you thought the first presidential debate was bogged down in statistics and policy details, you'll have more fun tonight. debate veterans are expecting fireworks. jeff nesbit was press secretary for former vice-president dan quayle. >> while both of them can go d
in a basket. the economy, other things. and just overall urge voters to have a second look at the leadership that this administration has. and are they in control? are they in charge of things? what vice president is trying to do, you know, he was hectoring and interrupting and interjecting and he was trying to jolt voters, i think. and saying hold on. democrats, maybe some independents who might have been swayed last week to push them in the middle. there aren't that many people who are these undecided voters. i spent several days in ohio this week. and it's really hard to find someone who hasn't made up their mind. at least attending the rallies and even at coffee shops. so it's all right now about building up their bases. and meantime, the ground campaigns for both sides are trying to find these undecided voters and try to reach out to them through tv ads and other things. all about leadership, i think. at this point. gwen: all about leadership. let's take one -- take this apart one by one. taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise
the american economy and essentially saved it by kicking out all of these good-for-nothing ceos and making companies, once again, economically efficient and productive. these folks think they're heroes and they saved america. and the public thinks they are villains and their whole job is to enrich themselves and destroy jobs. >> narrator: the aftermath of some of the leveraged buyout deals was devastating: bankruptcies, factory closures, employees laid off. >> bain capital was never set up to be a job creation program. it was set up to make wealthy investors even wealthier. they didn't sit around the table talking about how many jobs this would create. oftentimes it was the opposite, how many jobs could be cut to make the company more efficient. >> mitt is a person who wants to be successful. making money is how you're measured in the private equity and venture capital business, but you're making money for your investors first and foremost, and that was always mitt's focus was to make money for them. >> narrator: the way those closest to him tell it, he had come to see himself as a white k
organized. >> rose: mexico's economy is doing how well now or how bad? >> well, doing well. i received today the report of july and again the economic growth was bigger than expected. 4.7 for july. >> rose: we'd take that here. >> that's good. let me tell you, we suffered a lot in the economic recession, 2009. >> rose: right. >> however, mexican economy expanded almost 16% since the second semester of 2009. so we had like 13 quarters in a row growing and generating like 700,000 new jobs in the formal sector which is very good for mexico. and i think that finally the economy is becoming very, very competitive. let me give you a couple of examples. when i took office six years ago mexico was the 9th largest exporter of vehicles in the world. and today we are the fourth largest exporter of vehicles in the world. so we are, for instance, the first exporter of flat screen and it's becoming a very, very good economy. and it's not only that we are very close to the united states which is clearly an advantage, but also we are investing a lot of infrastructure and in a very important thing, charlie,
next week. and he hammered away on the economy. >> my whole passion is about helping the american people who are struggling right now. that's what this is about. the president says he's for middle class. how've they done under his presidency? not so well. i want to help the middle class get good jobs and better take- home pay. i know how to do that. >> sreenivasan: romney also underscored his anti-abortion stance after saying tuesday that he would not pursue abortion- related measures if he's elected. today, he told reporters, "i'll be a pro-life president." meanwhile, president obama spent the day at the white house. in an interview with radio host tom joyner, he said he's not surprised by the tightening polls. >> governor romney kept on making mistakes month after month so it made it looked artificially like this was, might end up being a cakewalk. but we understood internally that it never would be. that it was going to tight, it tightened over the last three or four days, but it could have tightened after the convention if they hadn't had such a bad convention. >> sreenivasan:
issues as you see them in the hispanic community for this election? >> jobs and the economy is the number one issue. immigration, like we said, is the issue that moves the latino vote. >> what's the unemployment -- >> inspires them to vote. unemployment rate among latinos is 10.2%. >> it's been about 11% during the obama's presidency. but for latinos, the symbolic issue is immigration or else it's personal. it's not like an abstract issue. it's personal. either we are immigrants or we know someone who's an immigrant or we work with someone or our neighbor's an immigrant. it's not abstract. it's very personal. >> why do so many anglos seem to resent hispanic immigrants more than they do others? >> i think that there's a couple of things there. i think that there's a certain feel of because there's the community that's growing so fast, they're sort of like a threat that our way of life is going to change and i don't think that they see immigrants as part of america. and, you know, the funny thing is the majority of hispanic -- well, all hispanic voters are u.s. citizens of course. why do th
on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the former football coach who plunged penn state university into scandal by his sexual abuse of young boys over many years was sentenced today. the judge called his crime a "story of betrayal." jerry sandusky wore a red jail jump suit and a smile as he entered the center county courthouse this morning, less than two hours later, the smile was gone after the 68-year-old learned he will likely spend the rest of his life in prison. lead prosecutor. >> i believe that the sentence that the court impoday was a wise and proper one and that it reflectedded the seriousn
in business and the economy and technology and i had a front row seat for 20 years watching this. >> rose: lessons of geography, a new movie and a life stephen shepard lived in journalism when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: robert kaplan is here, he is chief geopolitical analyst and has been writing about foreign affairs for 25 years. in his latest book he says to better understand global issues we must look to a map. he examines how geography has influenced the balance of world power and how it can inform foreign policy in the future. it is called "the revenge of geography." i'm pleased to have him back on this program. welcome. >> rose: >> a pleasure to be here, charlie. >> rose: henry kissinger said-- and you put this at the top-- that "robert kaplan's research shines light on an ancient truth. geography has been the predominant factor in determinesing the fate of nations, from fay roenic egypt to the arab spring." how long have you been thinking about tht? >> my whole career as a foreign corres
, it is like 1936 only without the blood. fortunately, a -- unfortunately, the data tells us the economy is going to get even worse. in barcelona, they are trying to take attitudes like that in stride. >> persons in the army will appear. any kind of fear shows how weak is spain and spanish politics, defending or trying to avoid the politics. >> the economic impact of catalan independence is disputed, but at least it can be measured in facts and figures. what cannot be measured is feeling, and there is a huge wave of nationalist sentiment here. that put formal support for independence of around 52%, but what no one can know is the point at which the way it becomes unstoppable -- the way of becomes unstoppable. it is just a folk dance, but it is performed outside the theater every sunday and has massive significance. people died to -- for the right to speak their own language, sing their own folk song. up to now, the cultural freedom symbolized here has been enough to contain it, but we still do not know where the crisis ends. >> that was paul mason. the former secretary general of the uni
jobs, about tax, about the state of the economy in by an's home town. >> do you know what the unemployment rate in scranton is today? >> i sure do. >> 10%. that is how it is going all around america. >> that is not how it is going. >> joe biden of more than made up for the president's passivity in his debate. he chuckled. he never stopped grinning to drive from the impression his opponents' arguments were a joke. >> what would my friend do differently? if you notice, he never answers the question. >> we would not refer to bashar al-assad as a reformer when he is killing civilians with russian-provided weapons? we would not be outsourcing foriegn policy to the united nations coming giving vladimir putin veto power over us. >> lively stuff, but spectators seemed divided. neither man stumbled. either lost. the pressure is still on. the president needs to put in a flawless performance in the next debate to redeem his reputation as the front runner. bbc news, kentucky. >> all eyes are on tuesday's presidential debates. it was a dangerous showdown that gripped the united states
jobs and the economy. now we've had a u.s. ambassador murdered in libya. there's been general... much more attention to foreign policy. i think we had good jobs numbers as well. remember that. >> warner: last friday. the romney campaign is looking to go where the ducks are. at this moment the economic numbers are good for the white house but there's more and more controversy about foreign policy and leadership. >> warner: what would you add to that, susan? did they see this as an opportunity to be seized? >> i think the romney camp understands he needs to be seen as a credible commander in chief if he's going to be elected president. there's a bar he needs to get over. i don't think they're going to stick on this issue much it's pretty clear that even though foreign policy has risen a bit and even though there was an opening because of the white house's changing explanation of the attacks in benghazi that killed our ambassador that this election is going to be prosecuted on the economy. that is the topic that i think we will turn back to for most of the remaining weeks of the campaign
security came from a good economy, that that was the most important thing you could do, other than having -- >> rose: exactly what barack obama said at west point? >> right. and was right. but eisenhower kept his eye on that ball, and he knew that the pentagon was going to exaggerate and hype the threat because he had been a general and he knew that is -- >> rose: but there were moments in which people thought he should have shown more courage. >> there were. on civil rights he did not use the bully pulpit as well as he should have. >> rose: richard nixon said he was devious. >> yes. you can have in great quote that eisnehower was a more devious man than people realized and i mean that in the best sense of the word. and he was being sincere and wasn't being funny it is true, eisenhower was deef you in the best sense of the word. >> rose: devious in what way? >> well, he would play dumb is one thing i love about the guy guy talkable about his confidence, once before a conference his aides are coming and saying mr. president you have to be careful, you have to be careful and eisenhower said
be left alone for other reasons and the economy would be hurt, turkey has been on a ten-year growth pattern and nobody wants that kind of a conflict that could end turkey's phenomenal growth. so a variety of reasons turkey doesn't want full blown conflict with syria. what i see mostly in the next few months is the new normal which is that every time assad picks a fight with turkey, shelling turkish territory, turkey will act in kind and reciprocate. now that we see turkey has shelled syria in return for syria shelling turkish cities, the question is what if there's an incident in which, accidental as it might, be the syrians end up shelling at one more turkish town because some of the shelling is not precise and the syrians are not known for their master of the artillery targeting and if there's another shelling that creates a large number of casualties, turkey would have to respond with a larger force. so i could see the conflict escalate bug the turks don't want it to get to the next level unless they know that the united states and nato support them. >> pelley: well soner cagapta
Search Results 0 to 26 of about 27 (some duplicates have been removed)

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